Bemis Company 2007 Annual Report - IR Solutions
Bemis Company 2007 Annual Report - IR Solutions
Bemis Company 2007 Annual Report - IR Solutions
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Business SEGMENTS<br />
FLEXIBLE PACKAGING<br />
<strong>Bemis</strong> has been manufacturing flexible packaging products since our founding in 1858. Our<br />
products have evolved along with the industry, moving from cotton and burlap bags to paper<br />
and plastic packaging. Today, we use a variety of polymer resins and paper materials to produce<br />
packaging for a wide range of goods. Our products are specifically designed to meet the<br />
70%<br />
18%<br />
11%<br />
1%<br />
unique needs of our customers, whether that means creating a package that provides<br />
precise oxygen or moisture barriers, withstands harsh distribution systems, tolerates<br />
high-temperature aseptic packaging processes, offers innovative consumer convenience<br />
features, displays eye-catching graphics, or fulfills other criteria of a particular<br />
application. Applying our expertise in material science and polymer chemistry, we<br />
develop unique materials to satisfy these application-specific requirements. This<br />
strategy has helped <strong>Bemis</strong> become the largest flexible packaging company in North<br />
and South America. Through strategic acquisitions and capital investments over the<br />
past five years, we have also expanded our capabilities in Europe and established a<br />
growing presence in Asia.<br />
NET SALES<br />
BY REGION<br />
North America<br />
Europe<br />
Asia Pacific<br />
South America<br />
<strong>Bemis</strong> serves a wide variety of customers with products in nearly every aisle of the grocery store,<br />
as well as the consumer, industrial, medical and pharmaceutical markets. Nearly 30 percent of<br />
our flexible packaging sales go to the meat and cheese markets, where our unique packaging<br />
materials provide customers with premium quality packages that protect food safety, reduce<br />
waste, extend shelf life, and offer valuable consumer convenience features.<br />
FLEXIBLE PACKAGING MARKETS<br />
10<br />
<strong>2007</strong> <strong>Annual</strong> <strong>Report</strong><br />
• Processed & Fresh Meat<br />
• Cheese<br />
• Confections<br />
• Bakery<br />
• Dry Foods<br />
• Liquids<br />
• Pet food/Treats<br />
• Coffee<br />
• Frozen Foods<br />
• Snacks<br />
• Produce<br />
• Personal Care<br />
• Diapers<br />
• Tissue/Paper<br />
• Medical Devices<br />
• Pharmaceutical<br />
• Lawn & Garden<br />
• Feeds & Seeds<br />
• Unitizing/Display<br />
• Chemicals/Minerals<br />
’07<br />
’06<br />
’05<br />
’04<br />
’03<br />
NET SALES ($ in millions)<br />
$3,002 11.5 ’07<br />
’07<br />
$3,000<br />
$2,856<br />
$2,250<br />
$2,101<br />
’06<br />
’05<br />
’04<br />
’03<br />
11.2<br />
11.7<br />
13.7<br />
12.6<br />
’06<br />
’05<br />
’04<br />
’03<br />
15.1<br />
15.8<br />
19.3<br />
16.9<br />
OPERATING PROFIT (% of net sales)<br />
OPERATING PROFIT (% of average investment)<br />
15.2
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